To the editor: The Social Safety Equity Act doesn’t give windfall advantages to authorities staff who didn’t pay into the system, as contributing author Veronique de Rugy acknowledged (“Social Safety is headed for a cliff. When will voters care?,” June 26). It restores the quantity of the month-to-month profit the employee receives of their month-to-month fee (eligibility decided by the employee paying into Social Safety for the required 40 quarters) that was minimize as a result of the employee additionally labored for a authorities entity lengthy sufficient to attract a pension.
I began working at 16 years of age and for the subsequent 19 years, I had Social Safety deductions taken from each paycheck. Like many working individuals, these deductions decreased my take-home pay, however we knew the cash could be returned later through our month-to-month profit upon retirement. After I utilized for Social Safety I used to be notified that as a result of pension I used to be going to obtain from my county employment, my month-to-month Social Safety profit was going to be minimize by 50%. For the final 9 years I obtained solely half of the Social Safety profit I earned by contributing 19 years of deductions. Due to this laws, which had bipartisan assist, Individuals are getting the advantages they labored for.
Pleasure Rockport, Valley Glen
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To the editor: Earlier than incomes a transparent credential in secondary English in 2002, I logged 25 years within the non-public sector. I give my heartfelt due to the Biden administration for recognizing that authorities staff deserve to profit from their contributions. I sleep higher realizing my retirement shall be boosted by an additional $1,800 a month. It appears solely truthful.
Melissa Mazzei, Los Angeles
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To the editor: A number of questions come up: First, is it potential that this column exaggerates the peril? As a monetary skilled, I’ve witnessed many inaccurate estimates firsthand. Second, why is the function of earnings inequality uncared for? The big layer of cream on the high that contributes nothing to the Social Safety system is definitely value mentioning. Even a small enhance to the Social Safety taxable wage base would possible have a big impact on the projected shortfall.
Lastly, the headline lays the blame on the ft of the voters. To her credit score, de Rugy’s column discusses congressional inaction. A lot of the general public may be very busy, many working a number of gigs to pay their payments. Members of Congress are paid to legislate responsibly and to take brave stands. I ask the writer: Have you ever accurately recognized the issue?
Susan Wolfson, Glendale
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To the editor: Based on my Social Safety assertion, if I’m accumulating $4,350 a month in Social Safety as we speak, my surviving partner and minor youngsters can accumulate as much as $5,900 a month, or 36% greater than what I get whereas alive.
No marvel Social Safety is headed for a cliff. Cap the survivor profit to what the deceased was receiving and restrict the length.
Andrew Ko, Glendale
